On Tuesday, Bernstein initiated coverage of Bloom Energy with a ‘Market Perform’ rating and a $276 price target, indicating a downside of nearly 2% compared to the company’s last closing price.
- Koyfin data shows Bloom Energy has an average 12-month price target of $263.65 per share, which is about 6% below the last close.
- On Stocktwits, retail sentiment on the stock has plunged to ‘extremely bearish’ levels from ‘neutral’ a month ago.
- On Monday, Bloom Energy released its 2026 Data Center Power Report, noting that demand for data center capacity continues to surge as AI adoption accelerates.
Shares of Bloom Energy Corp. (BE) have rallied a whopping 1,216.21% over the past year amid growing demand for power driven by the artificial intelligence boom. However, retail traders are turning cautious on the company after its remarkable rally.
On Stocktwits, retail sentiment has plunged to ‘extremely bearish’ levels from ‘neutral’ a month ago. Meanwhile, Wall Street estimates indicate that the company’s share price has already peaked.
BE Stock: What’s Wall Street Seeing?
On Tuesday, Bernstein analyst Sunaina Ocalan initiated coverage of Bloom Energy with a ‘Market Perform’ rating and a $276 price target, according to TheFly. This indicates a downside of nearly 2% compared to the company’s last closing price.
While Bernstein said it does not doubt the company’s hardware, calling Bloom Energy’s solid oxide fuel cell platform "increasingly relevant in a scenario where grid infrastructure can't keep up with expected load growth," the analyst said that it is still waiting on a path to free cash flow that "doesn't rely on one-time contract timing" and better visibility on the ramp of production capacity.
Meanwhile, data from Koyfin shows that the 28 analysts covering Bloom Energy have an average 12-month price target of $263.65 per share, which is about 6% below the last close.
Of the analysts, 14 still rate the company a ‘Buy’ or higher, while 12 rate it a ‘Hold’. Two analysts have a ‘Sell’ or lower rating on BE stock.
BE Stock: Retail Stance
On Stocktwits, message volume around the company was at ‘normal’ levels at the time of writing, after increasing by about 30% in 24 hours.
BE stock was rising about 2.3% in the overnight session at the time of writing. Despite the lower sentiment, many users on the platform actively discussed the stock's upside potential.
One user said, “Probably going to take profit between 300-350.”
View this Stocktwits post
Another user said, “$300 is the bear case, $600 base case, $1000 bull case.”
View this Stocktwits post
Bloom Energy’s Report On Growing Power Challenges
On Monday, Bloom Energy released its 2026 Data Center Power Report, noting that demand for data center capacity continues to surge as AI adoption accelerates, but highlighted that access to reliable power remains the industry's biggest bottleneck.
Bloom Energy said the report found that power availability remains the primary constraint for AI data center developers, with 61% saying they would bring in their own power generation if grid access is insufficient.
Meanwhile, the report noted mounting challenges beyond electricity supply. Community opposition has intensified, with concerns over higher power prices, water usage, and grid reliability leading to increased regulatory scrutiny. As of May 2026, at least 18 state-level bills and 86 local moratorium proposals related to data center development had emerged across the U.S., it said.
The report also found that carbon capture technologies are moving closer to mainstream adoption, with nearly one-third of onsite-powered facilities expected to incorporate carbon capture by 2030. Meanwhile, a growing gap between chipmakers and data center operators could slow AI deployment, as chip developers expect advanced high-density architectures to be adopted about a year earlier than developers currently anticipate.
The report is based on an April 2026 double-blind survey of 156 data center decision-makers, including hyperscalers, colocation providers, neoclouds, developers, and chipmakers, with 79% of respondents based in the U.S.
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
